Asian stocks closed higher on Wednesday (16), favored by an easing in tensions between Ukraine and Russia and after official data showed that Chinese inflation is slowing.
Japan’s Nikkei index led gains on the mainland, up 2.22% in Tokyo at 27,460.40 points, while the Hang Seng index rose 1.49% in Hong Kong at 24,718.90 points.
The South Korean Kospi advanced 1.99% in Seoul, to 2,729.68 points, and the Taiex registered a high of 1.56% in Taiwan, to 18,231.47 points.
In mainland China, the Shanghai Composite was up 0.57% to 3,465.83 points, and the Shenzhen Composite performed similarly, up 0.59% to 2,296.99 points.
As in New York and Europe, markets in the Asian region were boosted by a decision by Russia to withdraw part of its troops from the border area with Ukraine, alleviating fears of an eventual invasion of the country by Russian forces.
In addition, the latest price figures from China showed a slowdown in both consumer (CPI) and producer (PPI) inflation.
In Oceania, the Australian stock exchange followed the general positive tone, and the S&P/ASX 200 advanced 1.08% in Sydney, at 7,284.90 points.
Source: CNN Brasil
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